Trump Slams EU Over Tech Company Regulations

Former President Donald Trump isn’t holding back his thoughts on how European Union regulators are handling U.S. tech giants like Google, Meta, and Apple. Speaking at the World Economic Forum in Davos, Trump called the EU’s actions against these companies “a form of taxation.”

He specifically brought up Apple’s recent legal battle, where the tech giant was ordered to pay a hefty €13 billion in back taxes to Ireland. The EU’s Court of Justice ruled that Apple had received illegal tax benefits in Ireland from 1999 to 2014, leading to the massive bill.

This isn’t just about Apple, though. Google and Meta are also under the microscope for potential violations of the EU’s Digital Markets Act, which aims to curb the dominance of big tech companies.

Experts suggest this could be the beginning of a heated clash between the Trump administration and the EU, especially if Trump secures a second term. The tension highlights the growing divide over how tech companies should be regulated across borders.

With billions of dollars at stake and global tech dominance on the line, this battle is far from over. Stay tuned as the drama unfolds.

Trump Slams EU Over Tech Company Regulations
https://www.99newz.com/posts/trump-eu-tech-regulations-2300
Author
99newz.com
Published at
2024-12-16
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CC BY-NC-SA 4.0